US Ave Reg Gas 8-14-24

Gasoline prices dropped in 2019 and 2020 as the US increased its domestic oil production to become energy independent. Gasoline prices increased in 2021 as the US lowered its domestic oil production to pursue wind and solar in compliance with the UN and EU demand to reduce carbon. The US ignored this in 2018 and began expanding US Natural Gas.  Biden shut this down in 2021 and oil prices began to rise. 

In 2019 and 2020, gasoline prices were $2.00 to $3.00.

In 2021, 2022 and 2023 gasoline prices were $3.00 to $4.93.

US Regular Gasoline Prices 2024

Month Year  $Price

July     2024   3.484

June   2024   3.455

May    2024   3.603

Apr     2024   3.611

Mar    2024   3.426

Feb    2024   3.212

Jan    2024   3.075

 

US Regular Gasoline Prices 2023

Month Year  $Price

Dec   2023   3.134

Nov   2023   3.318

Oct    2023   3.613

Sept  2023   3.836

Aug   2023   3.840

July   2023   3.597

Jun   2023   3.571

May  2023   3.555

Apr   2023   3.603

Mar  2023   3.422

Feb  2023   3.389

Jan  2023   3.339

 

US Regular Gasoline Prices 2022

Month Year $Price

Dec  2022   3.307

Nov  2022   3.395

Oct  2022    3.291

Sep 2022   3.175

Aug 2022   3.975

Jul  2022    4.559

Jun 2022   4.929

May 2022  4.444

Apr 2022   4.109

Mar 2022  4.222

Feb 2022  3.517

Jan 2022  3.315

 

US Regular Gasoline $Prices 2021

Month Year $Price

Dec 2021    3.307

Nov 2021    3.395

Oct  2021    3.291

Sep  2021   3.175

Aug  2021   3.058

Jul    2021   3.136

Jun   2021   2.064

May  2021   2.985

Apr   2021   2.858

Mar  2021   2.810

Feb  2021   2.501

Jan  2021   2.334

 

US Regular Gasoline Prices 2020

Month Year $Price

Dec  2020   2.195

Nov  2020   2.108

Oct   2020   2.158

Sep  2020   2.183

Aug  2020   2.184

Jul   2020   2.123

Jun  2020   2.082

May  2020  1.870

Apr   2020  1.841

Mar  2020   2.284

Feb  2020   2.542

Jan  2020   2.548

 

US Regular Gasoline Prices 2019

Month Year $Price

Dec  2019   2.555

Nov  2019   2.598

Oct   2019   2.627

Sep  2019   2.592

Aug  2019   2.623

Jul    2019   2.740

Jun   2019   2.716

May  2019   2.859

Apr   2019   2.798

Mar  2019   2.516

Feb  2019   2.309

Jan  2019   2.248

 

U.S. Regular All Formulations Retail Gasoline Prices (Dollars per Gallon) (eia.gov)

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epmr_pte_nus_dpg&f=m

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epmr_pte_nus_dpg&f=m

In 2020, the US exported more oil than it imported. In 2021 the US is expected to import 3.7MBBL and increase imports to 4.4MBBL in 2022.

https://dailyenergyinsider.com/news/29194-united-states-exported-more-petroleum-than-it-imported-in-2020-according-to-eia/

Norb Leahy, Dunwoody GA Tea Party Leader